Italy new car registrations rise 3.9% year-on-year in July
Overview of July Car Registration Data in Italy
(Corrects Stellantis data in paragraph 3-4 to incorporate Leapmotor sales)
Monthly and Year-to-Date Registration Figures
ROME, Aug 3 (Reuters) - New car registrations in Italy rose in July by 3.9% year-on-year to 123,184 vehicles, transport ministry data showed on Monday.
In the first seven months, registrations were up by 8.9% compared to the same period last year, to 1.06 million units.
Performance by Major Automakers
Stellantis and Market Share
Italian market leader Stellantis, whose brands include Fiat, Jeep, Peugeot and Chinese joint venture Leapmotor, rose in line with the market in July, with sales up 3.8%, according to Reuters calculations.
The Franco-Italian automaker's market share stood at 25.9% last month, according to the same calculations.
Chinese Automakers' Growth
BYD
Chinese groups continued to make strong inroads, with BYD's year-on-year sales up by 127% to 4,466 units and a market share of 3.63%, and Chery's Omoda/Jaecoo brands up 168.5% to 3,786 units.
Chery Omoda/Jaecoo
Tesla's Performance
U.S. electric vehicles-maker Tesla's July sales were down by 77% to just 105 units.
Reporting Credits
(Writing by Gavin Jones, editing by Andrea Mandala)